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Search Results 0 to 5 of about 6
CBS
Dec 27, 2012 5:30pm PST
schwarzkopf was 78 years old. the white house today says president obama is keeping a close eye on a possible strike by longshoremen. union leaders for nearly 15,000 dock workers at every port from texas to maine say they'll walk off the job on sunday. we asked anna werner to find out how a strike would hurt the u.s. economy. >> reporter: the port of houston handles 42 million tons of cargo every year. it extended its hours this week to try and get shipments in and out before a strike can bring the port to a standstill. jim gillis is vice president of gulf intermodal services, a container trucking company. >> we've seen a dramatic increase in volumes and congestion as a result. >> reporter: what happens if they can't get all the goods out of the port? >> you have containers being held in yards around the houston area, specifically, so you're going to see stores are going to have problems stocking. >> reporter: negotiations between the international longshoremen's union and the shipping companies are deadlocked over a proposal to cut royalties paid to 15,000 dock workers for each ton of cargo
CBS
Dec 25, 2012 5:30pm PST
they have that "right" ntken away. >> reporter: the white house said after the newtown shooting atic president obama supports a ban on assault weapons proposed by california democratic senator dianne feinstein. getting it through congress quickly is highly unlikely, but the mere mention of a ban is enough to send sales soaring. and it's not just guns. brownell's, the world's largest firearm supplier, said it morently sold more than three- and-a-half years worth of a.r.- ag magazines in three days. even before newtown, sales of guns and ammunition this year were surging. chb.i. background checks of intential gun buyers were up 31% 20 november 2012 over 2011. in a report issued prior to newtown, the market research rack ibis world, which tracks the gun industry, found gun venthusiasts are working dermselves into a frenzy over what another four years under the obama administration may hold for gun laws." an instructor at nova firearms re falls church, virginia, where hey nearly sold out of a.r.-15s and high-capacity magazines after newtown. so, ironically, this shooting is a.spiring mor
CBS
Dec 28, 2012 7:00pm EST
. fiscal cliff talks at the white house end with no deal, but president obama says he's still hopeful and says "we've got to get this done." gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: th
CBS
Dec 28, 2012 6:30pm EST
leaders left the white house after a last-ditch fiscal cliff meeting with president obama. the closed-door meeting was an attempt to avoid the automatic tax hikes and spending cuts set to king at the start of the new year. >> we had a constructive meeting today. senator reid and senator mcconnell are discussing a potential agreement where we could get a bipartisan bill out. >> reporter: at the present time reminded lawmakers thers
CBS
Dec 24, 2012 5:30pm PST
boehner. white house and congressional leaders have until january 1 to lork out a budget deal. resident obama is in hawaii on udget dn. nancy cordes is there as well. nancy, good evening. nancy, goor: jeff, this would : sentially be a last-ditch effort to avert the fiscal ially be sources tell us that aides to the president have been in talks preliminary talks, with aides to senate majority leader harry elf who himself was here in hawaii this weekend for the funeral of senator daniel inouye. eid is now working, we're told, on a smaller package than the comprehensive deal than the president was working on with speaker boehner. than tmall package would prevent tax rates from rising for middle-class, perhaps cut some spending and tie up a few other loose ends. so far, though, senator reid has so fbeen in touch with republicans over this plan. blicans ovent and the first lady as you mentioned, are here in hawaii. th atte also attended senator inouye's funeral this weekend. this is the president's first real vacation, jeff, in about a year. real nut he's cutting it short, heading home later
CBS
Dec 31, 2012 6:30pm EST
we're still in limbo. >> nancy cordes, thank you. president obama gave a briefing on the budget talks before an audience that included former campaign volunteers and supporters. major garrett is at the white house tonight. major, good evening. >> good evening, rebecca. the president wants higher income taxes on the wealthy but he had to give up a few things to achieve that. gone, for example, the $250,000 threshold that was part of the presidential successful re-election campaign. top white house officials insisted it would not√°btdge. it's moved up to $450,000 per household. taxes will go up on estates and family farms but the president gave in toe republican demands o minimize the scope of that particular tax increase. all along both sides said they want to keep taxes more or less where they are for most tax payers. that's been achieved but republicans in the senate and the house for the first time and under the president's steady pressure are saying they're looking at and likely to vote for higher income taxes. >> for now our most immediate prioty is to stop taxes going up for midd
Search Results 0 to 5 of about 6